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Brazil: Petrobras signs contract for sale of onshore field in Sergipe

Brazil: Petrobras signs contract for sale of onshore field in Sergipe 13 Dec 2020 Petrobras, following up on the release disclosed on 01/03/20, has signed with Energizzi Energias do Brasil Ltda a contract for the sale of its entire stake in the onshore field of Rabo Branco, located in the Sergipe-Alagoas Basin, in the State of Sergipe. The sale value is US$ 1.5 million, paid in a single installment in the contract signature. The closing of the transaction is subject to the fulfillment of previous conditions, such as the non-exercise of preferential rights by the current consortium Petrom and the approval by the National Petroleum, Natural Gas and Biofuels Agency (ANP).

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